PointeNorth Insurance Group, a large agency in the Southeast, has acquired Valdosta Insurance Services and Southern Insurance Advisors, both based in Georgia.
PointeNorth said in a statement that it provides growth opportunities for agencies, as well as a perpetuation strategy and continued advancement opportunities for agency employees.
Valdosta Insurance Services provides property-casualty insurance, employee benefits and life insurance products. It is headed by Julian “Trey” Sherwood III, president; and Byron Courson, vice president. Both will continue to operate the agency under the Valdosta Insurance brand, the companies said in a news release.
Southern Insurance Advisors, an independent agency in Milton, Georgia, also provides P&C coverage. Principal Kevin DiPetrillo will remain on board and the company will operate under the PointeNorth Insurance Group brand.
PointeNorth is headquartered in Atlanta. The company said it has grown steadily in recent years, with the acquisition of 50 agencies.
Topics Mergers & Acquisitions
Was this article valuable?
Here are more articles you may enjoy.
Axios Software Tool Used by Millions Compromised in Hack 
Iran’s Grip on Hormuz Is Tighter Than Ever After a Month of War 
Married Massachusetts Insurance Brokers Plead Guilty to Defrauding Clients of $750K 
Sources: US Treasury to Consult With Insurance Regulators on Private Credit Lenders 
